They have bills to pay, light bills, salaries, rent, etc, and they also need some cash for new business expenses if they expect to expand...no telling. They know what they're doing.
They need some cash in the bank to apply for conventional financing too. I'm sure they deemed it necessary to take out this loan. No big deal in my book, we're moving forward. It looks just like I expected, I like it but it's like I've been saying, it's still long term.